85 & 95 Ralph Thomas Road, Highlands, NC 28741

$2,950,000
5
BD
5
BA
4,164
SqFt

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List Price
$2,950,000
Status
ACTIVE
Days on Market
32
MLS#
4395002
Style
Traditional
Year Built
1974
Bedrooms
5
Bathrooms
5
Full Baths
5
Living Area
4,164
Lot Size
42,253
Acres
0.97
Neighborhood
No Neighborhood

Property Description

A rare two-home Highlands retreat just four minutes from Main Street, this exceptional offering was originally built by renowned local craftsman Ralph Thomas and thoughtfully updated for modern mountain living. Privately set among the trees near the Mirror Lake area, the property spans approximately one acre across two lots and offers an uncommon blend of craftsmanship, flexibility, privacy, recreational access, and income-producing potential. Together, the residences provide approximately 4,500 square feet of interior living space, five bedrooms, five full baths, multiple flexible guest rooms and office spaces, two laundry/utility areas, four full-size refrigerators, and abundant indoor-outdoor living space. More than 2,000 square feet of decking includes a 400-square-foot cathedral-style screened porch, permanent seating areas, two fire pits, an outdoor stove, and peaceful spaces for gathering, dining, or relaxing beneath the tree canopy. The setting is both private and convenient, with winter mountain views, summer forest-canopy vistas, and more than 130 trees planted along the perimeter in 2020 to enhance the secluded feel. A private paved driveway provides access within a quiet enclave adjoining Mirror Lake, while nearby gravel roads, waterfalls, streams, hiking trails, Skyline Lodge, and downtown Highlands place the best of the Plateau close at hand. The primary residence underwent a comprehensive renovation in 2020 while preserving its original Adirondack camp character. Original wormy chestnut cabinetry and wood flooring remain, complemented by Bosch and Liebherr appliances, updated baths, a screened outdoor living area with electric screens, a metal roof, and replacement windows and doors throughout. Additional features include two wood-burning fireplaces, a gas river-rock fireplace, two garages with space for three vehicles, workshop areas, guest parking, high-speed internet service with fiber-optic availability, and a generator serving both homes. The second residence has been upgraded to strengthen rental appeal and has generated up to $60,000 annually in long & short-term rental income. Located outside the Town of Highlands limits, the property benefits from the absence of municipal rental restrictions, offering flexibility for personal use, guest accommodations, or investment income. With two distinct homes, refined updates, original craftsmanship, outdoor living, and proven rental performance, this is a truly distinctive Highlands property.

Additional Information

Interior Features
Other - See Remarks
Exterior Features
Other - See Remarks
Property Description
Traditional
Zoning
R
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer, Other
Heating
Electric, Heat Pump, Zoned
Air Conditioning
Central Air, Zoned
Exterior Construction
Site Built
Levels
One
Roof
Architectural Shingle
Foundation
Permanent
Parking
Circular Driveway, Driveway, Attached Garage, Garage Faces Front, Garage Faces Side, Keypad Entry, Other - See Remarks
Garage Spaces
3
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Listing courtesy of MOUNTAIN LIFE REAL ESTATE, LLC. doug@mountainlifere.com

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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